Budget blowout funded by bracket creep
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
Interest Rates
Why RBA is being blamed for inflation
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
RBA’s excuse for rate forecast fails
The RBA has defended the economic forecasting it does to help the board when it considers changes to the cash rate, admitting the predictions are likely wrong.
Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
More Stories
Proof it’s never been tougher to buy a home
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
Proof it’s never been tougher to buy a home
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Trump set to ‘crash Aussie interest rates’
Experts have warned that Donald Trump’s election win will ruin the Aussie economy. But there is a “distinct upside” to Trump 2.0.
Major Aussie bank posts mammoth profit
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
Major Aussie bank posts mammoth profit
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
Aussies’ surprising cost of living outlook
Aussie consumers and businesses are seeing through the high cost of living as sentiment and spending improve, new reports show.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Big banks’ surprising mortgage call
Two of Australia’s big four banks say Aussies are finding a way to pay their mortgages despite cost-of-living pressures.
Trump to cost voters $2600
The cost of living is set to rise under the Trump administration if the newly elected President passes his tariffs plan on in full.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/7